ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

DISH Amala Foods Plc

0.10
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Amala Foods Plc LSE:DISH London Ordinary Share JE00BG12QT70 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.10 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Facilities Mgmt Service 0 -440k -0.0010 -1.00 447.31k

BigDish PLC Update re senior management & corporate governance (4293W)

11/12/2019 7:00am

UK Regulatory


Amala Foods (LSE:DISH)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Amala Foods Charts.

TIDMDISH

RNS Number : 4293W

BigDish PLC

11 December 2019

11 December 2019

BigDish Plc

("BigDish" or the "Company")

Update re senior management and corporate governance

BigDish Plc (LON: DISH), a food technology company that operates a yield management platform for restaurants, is pleased to announce that Tom Sumner commenced his employment on 2 December 2019 as the Chief Executive Officer of the Company, based in its Manchester office.

Sanj Naha, the Company's former CEO has entered into a consultancy agreement with the Company where he will advise on the acquisition of restaurant groups and technology integrations with Electronic Point of Sale (ePOS) companies and other third party restaurant technology platforms.

Further, the Company notes press comment on its notification on 30 May 2019 where it stated that "The Company is funded to execute its strategy."

The Company acknowledges that this statement may have been interpreted to suggest it had sufficient funds to fully execute (i.e. complete) its strategy. The additional funds received by the Company on 6 June 2019 provided the Company with funds to accelerate the implementation of its strategy. The board acknowledges that the notification on 30 May 2019 should have been clearer and, with the benefit of hindsight, would have been better to have omitted the phrase altogether.

Furthermore, the Company recognises the importance to adopt a high standard of corporate governance. It has therefore commissioned a review of its corporate governance processes and procedures. The Company intends to adopt an appropriate and recognised corporate governance code and make detailed disclosure on its website as to how it conforms with such a code. The Company believes it will benefit from having an Independent Non-Executive Director as part of the Board and is currently in discussions with its advisers regarding suitable candidates.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 ("MAR")

Enquiries:

 
 Zak Mir, Digital Communications 
  Officer, BigDish                      +44 (0) 7867 527658 
                                        zak@bigdish.com 
 
 Jonathan Morley-Kirk, Non-Executive 
  Chairman                              +44 (0) 7797 859986 
                                        jmk@bigdish.com 
 
 

Notes to Editors

BigDish Plc is a London Stock Exchange listed food technology company that operates a yield management platform for the restaurant industry.

Yield Management is a dynamic pricing strategy based on understanding and influencing human behaviour in order to maximise revenue from a fixed, time limited resource. Yield Management has been very effective for selling airline seats and hotel rooms. BigDish believes that Yield Management can benefit restaurants to optimize revenue by bringing diners to empty tables.

BigDish is a free consumer product. Consumers can book a table with a discount via the BigDish App or website. Restaurants pay BigDish a fixed fee per diner seated.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDURSBRKNAUAAA

(END) Dow Jones Newswires

December 11, 2019 02:00 ET (07:00 GMT)

1 Year Amala Foods Chart

1 Year Amala Foods Chart

1 Month Amala Foods Chart

1 Month Amala Foods Chart

Your Recent History

Delayed Upgrade Clock